Yes. To answer your question 10 years of mining inaction and...

Yes. To answer your question 10 years of mining inaction and very poor communication with long suffering shareholders.
Shandong had a long term plan which was not apparent to existing shareholders to spend their $225m investment in Focus to stop mining production and concentrate on drilling.
The lack of transparency and broken promises by the Chinese backed board over this time in my opinion has spooked any large investors.
Infact during that time many large investors took a hit and sold off their holdings.
Just have to look at similar companies like SBM or SLR to see the daily transaction difference with mining companies that are mining their ore.
I am confident that when Focus does go into serious production, and that's a big when, the share price will stabilize and fingers crossed may realise a share price somewhere near what Shandong originally paid.